Which of the following types of ownership estates is the most complete bundle of rights, and therefore carries the greatest value?
A) Fee simple absolute
B) Fee simple conditional
C) Ordinary life estate
D) Legal life estate

Question

Quizplus · Accepted Answer

A fee simple absolute estate is the most complete bundle of rights a person can have in a piece of real estate. This type of ownership carries the greatest value because it gives the owner the right to use, control, and dispose of the property in any way they see fit. There are no limitations or conditions attached to the ownership, making it the most valuable form of ownership.

Which of the Following Types of Ownership Estates Is the Most